The Basic Principles Of 44 cash
The Basic Principles Of 44 cash
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(“Owns” also consists of items carriage taken on employ or installment wherever the amount payable remains due)
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Listed here, we can easily Evaluate his taxable revenue less than normal provisions and the presumptive plan as underneath:
Hello there The expense of living may differ based on a lot of things Way of life, regions lived, one or with a family to guidance. Bangkok is going to be A lot larger on every thing than any where else in Thailand which is a provided.But soon after dwelling and dealing in Bangkok six decades I made a decision to go away Thailand as just one particular person.
Indeed I was making on common 85k regular and I lived very well.But I moved to Malaysia which was on ordinary 50 % of what it charges in Bangkok for a much better quality of life.Infrastructer and also the transportation technique issues to me.But aside from that Bangkok was just wonderful.
I'm a chartered accountant, perfectly-versed in the ins and outs of cash flow tax, GST, and keeping the textbooks here balanced. Figures are my thing, I can sift via monetary statements and tax codes with the top of these. But you can find A further side to me – a aspect that thrives on words, not figures. Read more
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The presumptive scheme of taxation decreases the compliance load on compact professions and facilitates ease of executing small business. Underneath the presumptive plan of taxation, profits/taxable money is presumed at fifty% with the gross receipts.
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Will I be allowed any deduction for any expenditure incurred for investments and insurance plan premium under Segment 80C and 80D, if I go for presumptive taxation?
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